here’s what the bulls got to worry about, big time. i have a go long signal the vix at 19.50. on my overnight charts. i tell you, my overnight charts of late, have been out playing the trading robots, and that’s a good thing.
the vix at 19.50, that to me, is a dangerous price for the bulls, next few days
Yes, a move below that major support area around 1296 is very bearish (as I went over in the new video I did), but I think it will bounce from there tomorrow and rally a bit. However, it could be just a “one day wonder” and head back down on Friday.
With the tick below 1,000 it’s in “crash territory”… so any bounces should be sold in my opinion.
ES Near Support level: http://niftychartsandpatterns.blogspot.com/2011/07/es-near-important-support-level.html
that illuminatti spelt backwards dot com, has all my email buddies, mortified. LOL
thanks Deej, i’m looking at 19.50 vix long next. hehe
here’s what the bulls got to worry about, big time. i have a go long signal the vix at 19.50. on my overnight charts. i tell you, my overnight charts of late, have been out playing the trading robots, and that’s a good thing.
the vix at 19.50, that to me, is a dangerous price for the bulls, next few days
Yes, a move below that major support area around 1296 is very bearish (as I went over in the new video I did), but I think it will bounce from there tomorrow and rally a bit. However, it could be just a “one day wonder” and head back down on Friday.
With the tick below 1,000 it’s in “crash territory”… so any bounces should be sold in my opinion.
If we fall through 1,287 and 1,296 on the S&P 500 then we might see the 200 day moving average again.
http://rocsinvestmentaccount.webs.com/
I never seen that FP? I wish you would have posted it here. But now I know… thanks for the info.
uup fp 25.55
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I’m not expecting much of course, certainly the 50dma should be easily reached I’d think. If not, then it’s more bearish then even I expected.